ichi360's Forex Trading

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Covered: Crude Oil – 19th August 2009

with 2 comments

I’ve covered the Short Trade I initiated earlier for Crude Oil at 70.43. There might be an Intraday uptrend for Oil today and if that happens it may bring some weakness for Greenback today.

Strategy: Covered Short Trade for Oil, will look for next shorting opportunity once upside move is completed

CrudeOil_190809

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Written by ichi360

August 19, 2009 at 21:32

2 Responses

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  1. [...] PDRTJS_settings_128122_post_457 = { "id" : "128122", "unique_id" : "wp-post-457", "title" : "Trade+Updates%3A+20th+August+2009", "item_id" : "_post_457", "permalink" : "http%3A%2F%2Fichi360.wordpress.com%2F2009%2F08%2F20%2Ftrade-updates-20th-august-2009%2F" } Well, yesterday was quite an interesting day for USD and what we noticed was some resistance from the Major Currencies against the USD, however this was nothing like a surprise. If you scroll down few pages, you’ll find my post in which I mentioned that I was covering my Short Positions on Crude Oil a… [...]

  2. [...] Well, yesterday was quite an interesting day for USD and what we noticed was some resistance from the Major Currencies against the USD, however this was nothing like a surprise. If you scroll down few pages, you’ll find my post in which I mentioned that I was covering my Short Positions on Crude Oil a… [...]


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